Benchmark Treasury yield hits 3-year high; dollar index reaches 100
The U.S. Treasury 10-year yield hit a three-year high above 2.7% on Friday while the U.S. dollar index advanced to 100 for the first time in nearly two years, helped by the prospect of a more aggressive pace of Federal Reserve tightening. U.S. stocks were mixed in choppy early trading, with the Nasdaq down 0.6% …